Selected Portfolio Investments

Companies in which Ashlar’s founding team have invested, through Ashlar or prior firms and vehicles.

Selection is not based on performance, and past investments are not indicative of future results. Company names and marks are the property of their respective owners and are shown to identify the companies; no sponsorship, affiliation, or endorsement is implied. See Disclosures.

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Included on the basis described above. Inclusion does not indicate a current holding, lead-investor status, or available allocation.